Do i have to declare non taxable gold on my Tax return?

[xauxag]

I understand that physical gold Britannias and Sovereigns are not liable for CGT.

However do I still need to declare their disposal on my Tax return even though they are not taxable?

Maybe a silly question. I should add some context:

I have taken a year out with 90% of my day to day expenses being covered by the disposal of a number of gold brittanias which I regard as living off of my savings.

Is there any way HMRC would regard this as income? Cant see how but would like to check
thx

[xauxag]

To answer my own question...-no

[Archer2001]

Hello!

I'm a non-resident British citizen. I'm considering paying buying some gold and silver with BullionVault and storing it in a Singapore Vault. You are only allowed to use one bank account and I've linked it to my UK bank account.

My concern is that, since it's a UK based company and I'm adding and removing currency from the account via my UK bank account, I'll have to pay capital gains tax. I think that if I made capital gains buying in Singapore I would not have to pay capital gains tax. But, in this case, would my earnings be classified as earnings within the UK and hence subject to capital gains tax?

I hope you can enlighten me!

Thank you!

[pawncob]

Suggest you post this as a question. It won't be read as an addition to a 9 month old question.

[Archer2001]

Ok thank you!